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prohojiy [21]
3 years ago
8

The total assets of brandon co. are $900,000 and its liabilities are equal to one-fourth of its total assets. what is the amount

of brandon co.'s stockholders' equity? stockholders' equity
Business
2 answers:
yuradex [85]3 years ago
5 0
900,000 / 1/4 = liabilities
900,000 - liabilities - stockholder's equity

900,000/4 = 225,000
900,000 - 225,000 = 675,000
Allisa [31]3 years ago
4 0

Answer:

$675,000

Explanation:

Given the total assests of Brandon co. to be $900,000 and its liability is one fourth of its total asset, its liability will be equivalent to:

1/4 × $900,000

= $225,000

Total liability = $225,000

Total assets = $900,000

brandon co. stockholders' equity will be;

Total assets - total liability

= $900,000-$225,000

= $675,000

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3 years ago
QUESTION 25
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Answer:

160

Explanation:

Given: CPI basket contain 400 oranges and 800 pens.

          In the base year, price of oranges is $1 and pen is $0.75.

          This year urban customer buy oranges at $2 each and pens at $1 each.

To find consumer price index (CPI), we need to check price of basket in current year and base year.

∴ Current year´s price for 400 oranges and 800 pens = 400\times 2= \$ 800\\800\times 1= \$ 800

Now, adding the price to get cost of basket

Cost of basket in current year= 800+800= \$ 1600

Base year´s price for 400 oranges and 800 pens= 400\times 1= \$ 400\\800\times 0.75= \$ 600

Cost of basket in base year= 400+600 = \$ 1000

Next, calculating the CPI of this year

Formula; CPI= \frac{\textrm{ Cost of basket in current year}}{\textrm{ cost of basket in the base year}} \times 100

CPI for the year = \frac{1600}{1000} \times 100 = 160

∴ Consumer price index (CPI) = 160.

5 0
3 years ago
Which of the following statements is true of financial leverage
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Deferral adjustments are needed when the business:
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Answer:

The correct answers are the options B and D: Pays cash before the expense has been incurred. And receives cash before the revenue has been generated.

Explanation:

To begin with, in the accounting field the term of "Deferral Adjustments" refers to those that the accountant does when they postpone the report of it in the income statement until a later period, so that means that when an event happens they might decide to postpone the report of that particular transaction doing what it is called "defer". Moreover, the two most common cases when the accountants use this technique are the ones choosen from the options, the cases B and D.

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Answer:

The general level of family's income is directly proportional to the amount of cash a family is likely to hold

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Of the three motives of money, transactional motives of money relates to holding money(whether at hand or at bank) to meet daily transaction e.g buying of fuel/gas, transport fare to work place.

If the level of income of a family increases, other things being equal, the family tends to hold more money for their daily transaction. The level of income is directly proportional to amount of cash a family holds...

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